News by Myia S Nair

WCT Land Sdn Bhd, the property development, investment, and management arm of WCT Holdings Bhd, has partnered with Maybank to provide up to 120% financing for purchasers of its GreenRE-certified developments in a bid to ease affordability pressures amid rising living costs. 

Oriental Holdings Bhd (KL:ORIENT) has reported a 71.56% year-on-year (y-o-y) decline in net profit for the first quarter due to reduced operating profit across its business segments except healthcare.

Property developer UOA Development Bhd (KL:UOADEV) reported a 48.79% increase in net profit for the first quarter ended March 31, 2025 (1QFY2025), supported by the progressive revenue recognition from its ongoing development projects.

The government has added another 100 megawatts (MW) to the rooftop solar quota under the Net Energy Metering (NEM) Rakyat programme, two days after the existing 600MW quota was fully dished out.

Newly listed West River Bhd (KL:WESTRVR) is currently bidding for a data centre-related project in Johor, and is also keen to have a foothold in hotel development.

Sentoria Group Bhd (KL:SNTORIA) is at risk of a trading suspension after failing to submit its 2024 annual report by the April 30, 2025 deadline. 

UDA Holdings Bhd has appointed real estate veteran Johari Shukri Jamil as its new president and chief executive officer effective immediately.

Vizione Holdings Bhd (KL:VIZIONE) said on Wednesday that a RM750 million construction contract awarded by a related party has been terminated, effective immediately. 

Continental will shutter its tyre plant in Alor Setar, Kedah, by the end of 2025, ending 46 years of operations. The plant has 950 employees.

Kuala Lumpur Tower will reopen on Saturday, April 26, under new management, with ticket prices rising for international visitors and dropping by nearly 30% for locals at the Sky Deck.